Press Information Bureau

Government of India

Ministry of Commerce & Industry

31-January-2013 15:48 IST

The summarized Index of Eight Core Industries with 2004-05 base is given at the Annexure.

The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 154.6 in December 2012 with a growth rate of 2.6% compared to their 4.9% growth in December 2011.  The decline in growth in December, 2012 was on account of negative growth witnessed in the production of Coal, Natural Gas and Fertilizers.

During April-December 2012-13, the cumulative growth rate of the Core industries was 3.3 % compared to their growth at 4.8% during the corresponding period in 2011-12.

Coal

Coal production (weight: 4.38%) registered a growth of (-) 0.2% in December 2012 compared to its growth at 5.5% in December 2011. In cumulative terms, Coal production recorded a growth of 5.7% during April-December 2012-13 compared to its growth at (-) 2.7% during the same period of 2011-12.  

Crude Oil

Crude Oil production (weight: 5.22%) registered a growth of 1.0% in December 2012 compared to its (-) 5.6% growth in December 2011. Cumulatively, Crude Oil production recorded a growth of (-) 0.4% during April-December 2012-13 compared to its growth at 1.9% during the same period of 2011-12.

Natural Gas

The growth rate of Natural Gas production (weight: 1.71%) was negative both in December, 2012 at (-) 14.9% and in December 2011 at (-) 10.8%. Cumulatively also, Natural Gas production registered a negative growth of (-) 13.3% during April-December 2012-13 and (-) 8.8% during the same period of 2011-12.

Petroleum Refinery Products (0.93% of Crude Throughput)*

Petroleum refinery production (weight: 5.94%) had a growth of 5.0% in December 2012 compared to its growth at 0.7% in December 2011.  In cumulative terms, Petroleum refinery production registered a growth of 6.9% during April-December 2012-13 compared to its 4.0% growth during the same period of 2011-12.

Fertilizers

Fertilizer production (weight: 1.25%) registered a growth of (-) 3.8% in December 2012 against its growth at 0.8% in December 2011. Cumulatively, Fertilizer production registered a growth of (-) 3.4% during April-December 2012-13 compared to its (-) 0.5% growth during the same period of 2011-12.

 Steel (Alloy + Non-Alloy)

Steel production (weight: 6.68%) had a growth rate of 5.2% in December 2012 against its 10.2% growth in December 2011. Cumulatively, Steel production registered 3.6% growth during April-December 2012-13 compared to its 9.1% growth during the same period of 2011-12.

Cement

Cement production (weight: 2.41%) registered a growth of 3.9% in December 2012 against its 13.6% growth in December 2011. The cumulative growth of Cement Production was 6.1% during April-December 2012-13 compared to its 5.8% growth during the same period of 2011-12.

Electricity

Electricity generation (weight: 10.32%) had a 4.4% growth in December 2012 compared to its 8.9% growth in December 2011. The cumulative growth of Electricity generation was 4.6% during April-December 2012-13 compared to its 9.3% growth during the same period of 2011-12.

* RPL (SEZ) with refining capacity 29MMT was commissioned on 25.12.2008 but crude throughput not reported by the refinery and not included in production for entire period.

Click here to see Annexure

 N.B: Data are provisional. Revision has been made based on revised data obtained.

Index of Eight Core Industries: combined growth slowed to 2.6% in December 2012, with key sectors showing mixed performance. The Index of Eight Core Industries (weight 37.90% in IIP) recorded 154.6 in December 2012 with 2.6% growth, driven down by negative production in Coal, Natural Gas and Fertilizers; cumulative April-December 2012-13 growth was 3.3% (provisional). Sectoral figures: Coal -0.2% (Dec), Crude Oil 1.0% (Dec) with cumulative -0.4%, Natural Gas -14.9% (Dec) and -13.3% cumulative; Refinery +5.0% (Dec) and +6.9% cumulative; Fertilizers -3.8% (Dec) and -3.4% cumulative; Steel, Cement and Electricity showed positive monthly and mixed cumulative growth.